According to the prices announced in the global steel markets, scrap prices amounted to $370 / tonne, $9 less compared to last week’s prices, and iron ore prices $117 / tonne, $7 an increase of $7 compared to last week’s prices, while the prices of billets ranged between 450 -490 Dollars per tonne, while it was between 490-530 dollars per tonne last week, and reinforcing steel prices ranged between 580-590 dollars/tonne, while it was between 590-620 dollars per tonne last week.
The following is the steel prices statement in the global markets on 15 July 2023